Mitachi Co (NGO:3321) Debt-to-Equity: 0.60 (As of May. 2026) — 253% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NGO:3321 Mitachi Co Ltd NGO:3321
70 GF Score
Price 円1,588.00
GF Value 円3,388.59
! 2 Warning Signs
View Full Analysis

What is Mitachi Co Debt-to-Equity?

Mitachi Co NGO:3321 70 Debt-to-Equity is 0.60 as of May. 2026, which is 253% above its 10-year median of 0.17. GuruFocus rates NGO:3321 with a GF Score™ of 70/100 and a GF Value™ of 円3,388.59. The stock has 2 warning signs investors should review. Among 2,229 Hardware companies, Mitachi Co ranks worse than 72.63% on this metric.

Mitachi Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was 円10,547 Mil. Mitachi Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was 円290 Mil. Mitachi Co's Total Stockholders Equity for the quarter that ended in May. 2026 was 円17,881 Mil. Mitachi Co's debt to equity for the quarter that ended in May. 2026 was 0.61.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Mitachi Co's Debt-to-Equity or its related term are showing as below:

NGO:3321' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.17   Max: 0.76
Current: 0.6

During the past 13 years, the highest Debt-to-Equity Ratio of Mitachi Co was 0.76. The lowest was 0.04. And the median was 0.17.

NGO:3321's Debt-to-Equity is ranked worse than
72.63% of 2229 companies
in the Hardware industry
Industry Median: 0.28 vs NGO:3321: 0.60

Mitachi Co  (NGO:3321) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Mitachi Co Debt-to-Equity Related Terms


Mitachi Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Mitachi Co's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mitachi Co Debt-to-Equity Chart

Mitachi Co Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.13 0.04 0.76 0.60

Mitachi Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.76 0.64 0.73 0.85 0.60

NGO:3321 vs APH, GLW, TEL: Debt-to-Equity Comparison

For the Electronic Components subindustry, Mitachi Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mitachi Co Debt-to-Equity vs Hardware Industry

For the Hardware industry and Technology sector, Mitachi Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Mitachi Co's Debt-to-Equity falls into.


NGO:3321
70GF Score
Mitachi Co Ltd NGO:3321
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitachi Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mitachi Co's Debt to Equity Ratio for the fiscal year that ended in May. 2026 is calculated as

Mitachi Co's Debt to Equity Ratio for the quarter that ended in May. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.60 mean?
Mitachi Co (NGO:3321) has a Debt-to-Equity of 0.60 as of May. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Mitachi Co and its competitors. This is 253% above median its historical median of 0.17. Over the past decade, Mitachi Co's Debt-to-Equity has ranged from 0.04 to 0.76. According to the industry distribution chart, Mitachi Co ranks #1619 out of 2229 companies in the Hardware industry, placing it in the top 72.6%.
Is Mitachi Co's Debt-to-Equity too high?
Mitachi Co's current Debt-to-Equity of 0.60 is 253% above median its 10-year median of 0.17. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.76. The Hardware industry median Debt-to-Equity is 0.28. Mitachi Co's value of 0.60 is 114.3% above this industry median. Based on the distribution chart, Mitachi Co ranks #1619 out of 2229 companies in the Hardware industry, which is below the industry midpoint. Overall, Mitachi Co has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Mitachi Co's Debt-to-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Mitachi Co ranks #1619 out of 2229 companies for Debt-to-Equity. This places Mitachi Co in the lower half of its industry. The industry median Debt-to-Equity is 0.28. Mitachi Co's value of 0.60 is 114.3% above this benchmark. Historically, Mitachi Co's own Debt-to-Equity has ranged from 0.04 to 0.76 over the past decade. While the company's 10-year median is 0.17 vs. the industry median of 0.28, Mitachi Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,229 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mitachi Co's current Debt-to-Equity of 0.60 is 114.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Mitachi Co and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitachi Co's current Debt-to-Equity is 0.60, which is 253% above median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitachi Co stock overvalued right now?
Mitachi Co (NGO:3321) has a current Debt-to-Equity of 0.60. The stock's GF Value™ is 円3,388.59, compared to a current price of 円1,588.00 — trading 53.1% below its estimated fair value. The current Debt-to-Equity is 0.60, which is 253% above median its 10-year median of 0.17 and 114.3% above the Hardware industry median of 0.28. Mitachi Co's overall GF Score™ is 70/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Mitachi Co (NGO:3321), the current Debt-to-Equity is 0.60 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mitachi Co (NGO:3321) Overvalued in 2026?

Based on GuruFocus' analysis, Mitachi Co stock appears to be undervalued. The current stock price of 円1,588.00 is trading 53.1% below its estimated GF Value™ of 円3,388.59.

Key valuation signals for NGO:3321:

  • Debt-to-Equity: 0.60 (253% above median its 10-year median of 0.17)
  • GF Value™: 円3,388.59 vs. price of 円1,588.00 (53.1% below fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 114.3% above the Hardware median (#1619 of 2229)

No single metric tells the full story. See the NGO:3321 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitachi Co Business Description

Other Exchanges 3321:Japan
Address 2-11-28, Iseyama, Naka-ku, Nagoya-shi, Aichi, JPN, 460-0026
Mitachi Co Ltd is engaged in the sale of electronics devices such as semiconductor, LCD, as well as electronics components, and motors for various electronics industries such as car electronics, amusement, industrial equipment, consumer equipment, communication equipment, and so on. It offers various products such as universal integrated circuits (ICs), diodes, transistors, optical semiconductors and system large-scale integration (LSI); liquid crystal products, such as liquid crystal modules; electronic components, including resistors, condensers, switches and electronic printed boards.
70GF Score

Get the complete analysis for NGO:3321

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,588.00
Price
円3,388.59
GF Value